The G7 countries have agreed to add an additional economic sanction against Russia's war on Ukraine, by banning the importation of Russian Gold. What will this do to the price of gold? Is Russia a major producer of gold through the mining of gold? Which countries' central banks are holding the most gold reserves? Have the other economic sanctions against Russia worked? As sanctions were applied to Russian oil, has it hurt Russia or Europe? With China and India buying Russian oil at a discount, will other countries simply buy Russia's gold instead of the west? Do you stack gold? Are you a gold investor? Do you stack silver? Will banning Russian gold have an impact on the spot price of gold? Being a stacker is about being independent and about personal responsibility, so it might make sense to not even buy precious metals at this time. Having an emergency cash savings fund is important as well as paying off debt. Only you know your own financial situation. DISCLAIMER: I am not a financial planner, so this is not financial advice. This is for illustrative and entertainment purposes only. Please conduct your own research prior to investing in gold, silver, or other investments. Topics discussed in this video include: Silver Heist, gold, gold stack, gold stacking, gold stacker, gold bullion, 999 fine, 9999 fine, 22k, one ounce gold, American Gold Eagle, AGE, savings, cash, cash savings, gold coin, US Mint, gold spot price, diversifying investments, physical gold, all time high gold price, investing in gold, Buying the dip, dollar cost averaging, G7, US Sanctions, Inflation, Russian Gold, central bank gold reserves